If the deal is too thin to support a hard money loan and/or there is not enough borrower skin in the game to recoup your capital if things go awry, then you can lose money just like any other investment where capital is put at risk to earn a return. 

Feel free to Pm if I can help answer any questions.Guess a game plan I would follow would beGoals Education Getting you Financial picture in order to jump in.Sincerely Alex

According to a recent ranking of median property taxe rates by CoreLogic's Data Team, Illinois is highest at 2.67%, Hawaii is lowest at 0.31%, New York at 2.53%, Texas at 2.17%,  Florida at 1.32%, California at 1.12%, Georgia at 1.10%, and South Carolia at 0.71%.Average tax rate across the entire country is 1.31%, so a homeowner of a $200,000 home would pay $2,620 in property taxes.I tried to copy and paste the entire table but couldn't do it from my iPad Pro.

I would love to build connections with current investors in San Diego to learn first hand more about this game we are choosing to play to provide housing for people and make some money ourselves! 

Personally, I wouldn't invest w/ a first-time lead who has no "skin in the game", and prefer that even seasoned deal sponsors have aligned interests via their equity investment.  

hello I'm Rupert from Arizona, new to the game but shoot for the stars trying to be rookie of the year.

Going to attempt to summarize everything up to this point.Current Stage of construction: FramingWe purchased this lot about 3 years ago for $6000Have built 3 homes in this same neighborhood, this is our 4thTook about 6 months of re-zoning to allow for a variance in the rear of the property so we could maximize the size of the home, mainly to accomadate a master bedroom downstairsLot was vacant, cleared out a few trees and started on the foundation, concrete slabAltered the plan a bit so that the patio faced east instead of north, thus making it open to the patio.Project Description: 2-story home, 3 bed, 2.5 bath, 1 office, 1 game room/4th bed2808 sqft,  Lot  6,568 sqft        

My investment company typically purchases buy and hold income properties and it's hard not to notice the money left on the table when you make a half million dollar purchase or sale, so I decided to become licensed. 

I'm new to BiggerPockets but I am not new to the real estate game!

Yes, you may be out of a few dollars due to interest but this is a part of the game.